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    Economics / austerity, recovery, Spain /

    Spanish Triumph?

    August 10, 2015

    It’s all a bit annoying. Really. I have just read the Economist’s article about Spain. The article is titled “Back on its feet”. Such a title might lead you to imagine that the article is about a triumphant return to prosperity. But no. Instead we are told that unemployment is down to 22.5%. This is […]

    Economics / economic theory /

    Some Issues Re-visited

    August 10, 2015

    Hmmm. It seems that some people misunderstood my comments regarding neoclassical economics. Allow me to reiterate and, perhaps, clarify. I want to say that I regard neoclassical economics as a triumph. A wonderful achievement. Brilliant. Please read the fine print: that brilliance has nothing to do with relevance, reality, or any other such yardstick. All […]

    Commentary, Politics / Jade-Helm, Obamacare /

    America the Bizarre

    August 5, 2015

    I think I mentioned here the lunacy of the Jade-Helm conspiracy. For those who missed it Jade-Helm 15 is the name of a rather large US military exercise being conducted over the summer. The activities extend through a number of southern states. Those are the states who benefit most from US military base spending – […]

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